The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manufacture Of Computer, Electrical Electronic And Optical Products Manufacture Of Computer, Electronic And Optical Products 26 - Manufacture of computer, electronic and optical products
150 jobs Number of planned job losses
Announcement Date
28 September 2004
Employment effect (start)
Foreseen end date
31 December 2004
Description
Flextronics Manufacturing France, subsidiary of the Singaporean Flextronics, has decided to shed 150 jobs out of 620 at its production site of Laval (Mayenne) before the end of 2004. This reflects the lowering demand in mobile telephony parts. Flextronics bought the production site of Laval from Alcatel in 2001. Now Alcatel is its sole customer. The company wants to keep a high production level; therefore the cuts will mostly affect management, engineers and technicians.
Sources
28 September 2004: Les Echos
Citation
Eurofound (2004), Flextronics, Internal restructuring in France, factsheet number 60626, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/60626.
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